RIM breaking up the company? RIM not breaking up the company? Via The Globe and Mail:
Without saying where the information comes from, a report by the Sunday Times of London says that Research In Motion Ltd. wants to separate the hardware side of the business from the services side, or else sell a stake in the company.
The report mentions Facebook and Amazon as potential buyers, but on Sunday several people close to RIM dismissed the news as “a silly fantasy,” and “one of the most ridiculous ideas I have heard in a while.”
RIM spokesman Nick Manning, meanwhile, said the company’s top management remains committed to maximizing shareholder value by continuing on a turnaround strategy that will see RIM launch new devices in the coming months.
With RIM stock trading so low, it’s a prime target for manipulation. Be wary of any RIM rumour – chances are there’s someone looking to make a buck off a false story.